Art Omi Inc
Art Omi Inc shows consistent asset growth and positive net income with no reported officer compensation.
EIN: 133641616 · Ghent, NY · NTEE: Q210 · Updated: 2026-03-28
Is Art Omi Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art Omi Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art Omi Inc
Art Omi Inc (EIN: 133641616) is a nonprofit organization based in Ghent, NY, classified under NTEE code Q210. The organization reported total revenue of $9.7M and total assets of $48.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Omi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Art Omi Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Art Omi Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all filings, which is highly unusual for an organization of this size with nearly $48 million in assets and millions in annual revenue. This suggests that either executive compensation is not being reported under this specific category, or the organization relies entirely on volunteer leadership, which would be exceptional.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Art Omi Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive pay practices.
Strengths
The following positive indicators were identified for Art Omi Inc:
- Consistent asset growth, from $30.7 million in 2014 to $48.1 million currently, indicating strong financial stewardship.
- Generally positive net income, with revenues consistently exceeding expenses in most years (e.g., $3,890,761 revenue vs. $3,444,188 expenses in 2023).
- Significant latest reported revenue of $9,704,920, suggesting strong fundraising or program success.
- Stable financial operations with a long history of IRS 990 filings (14 filings).
Frequently Asked Questions about Art Omi Inc
Is Art Omi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art Omi Inc (EIN: 133641616) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Art Omi Inc spend its money?
Art Omi Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Art Omi Inc tax-deductible?
Art Omi Inc is registered as a tax-exempt nonprofit (EIN: 133641616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Art Omi Inc fund its operations given the 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of Art Omi Inc's size and revenue. This suggests that either executive compensation is not categorized under 'Officer Comp' in the provided summary data, or the organization operates with entirely volunteer leadership, which would be a significant and rare operational model for an entity with nearly $48 million in assets and millions in annual revenue.
What is the nature of the significant liabilities reported by Art Omi Inc?
Art Omi Inc consistently reports substantial liabilities, often around half of its total assets (e.g., $20,801,067 in liabilities against $42,410,957 in assets in 2023). Given its NTEE code (Visual Arts) and asset growth, these liabilities likely relate to property, plant, and equipment, such as mortgages on its extensive grounds and facilities, or capital project financing.
What caused the significant revenue spike to $9,704,920 in the latest period compared to previous years?
The latest reported revenue of $9,704,920 is significantly higher than previous years' revenues, which typically ranged from $2 million to $4 million, with one spike to $7.8 million in 2020. This could be due to a major capital campaign, a large one-time grant, a successful fundraising event, or a significant increase in program service revenue. Further detail from the full 990 filing would be needed to identify the specific source.
Filing History
IRS 990 filing history for Art Omi Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Art Omi Inc's revenue has grown by 89.5%, moving from $2.1M to $3.9M. Total assets increased by 43.2% over the same period, from $29.6M to $42.4M. Total functional expenses rose by 233.3%, from $1.0M to $3.4M. In its most recent filing year (2023), Art Omi Inc reported a surplus of $447K, with revenue exceeding expenses. The organization holds $20.8M in liabilities against $42.4M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $21.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.4M | $42.4M | $20.8M | — | View 990 |
| 2022 | $3.1M | $3.2M | $41.8M | $21.3M | — | View 990 |
| 2021 | $3.1M | $2.9M | $43.9M | $21.3M | — | View 990 |
| 2020 | $7.8M | $2.4M | $43.5M | $22.0M | — | View 990 |
| 2019 | $4.0M | $2.9M | $37.1M | $22.5M | — | View 990 |
| 2018 | $3.5M | $2.4M | $36.5M | $23.0M | — | View 990 |
| 2017 | $3.1M | $2.3M | $35.5M | $23.2M | — | View 990 |
| 2016 | $2.4M | $1.9M | $34.5M | $23.0M | — | View 990 |
| 2015 | $2.7M | $1.8M | $33.9M | $22.9M | — | View 990 |
| 2014 | $1.8M | $1.6M | $30.7M | $20.6M | — | View 990 |
| 2013 | $3.4M | $1.5M | $30.9M | $21.0M | — | View 990 |
| 2012 | $1.9M | $1.2M | $29.5M | $21.4M | — | View 990 |
| 2011 | $979K | $1.2M | $29.1M | $21.8M | — | View 990 |
| 2010 | $2.1M | $1.0M | $29.6M | $22.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.4M, and assets of $42.4M (revenue +27.4% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.2M, and assets of $41.8M (revenue -2.4% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.9M, and assets of $43.9M (revenue -60.1% year-over-year).
- 2020: Revenue of $7.8M, expenses of $2.4M, and assets of $43.5M (revenue +96.0% year-over-year).
- 2019: Revenue of $4.0M, expenses of $2.9M, and assets of $37.1M (revenue +13.5% year-over-year).
- 2018: Revenue of $3.5M, expenses of $2.4M, and assets of $36.5M (revenue +12.8% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.3M, and assets of $35.5M (revenue +32.6% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.9M, and assets of $34.5M (revenue -13.4% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.8M, and assets of $33.9M (revenue +52.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.6M, and assets of $30.7M (revenue -47.3% year-over-year).
- 2013: Revenue of $3.4M, expenses of $1.5M, and assets of $30.9M (revenue +73.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.2M, and assets of $29.5M (revenue +98.9% year-over-year).
- 2011: Revenue of $979K, expenses of $1.2M, and assets of $29.1M (revenue -52.3% year-over-year).
- 2010: Revenue of $2.1M, expenses of $1.0M, and assets of $29.6M.
Data Sources and Methodology
This transparency report for Art Omi Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.